Samsung Care+ adds Theft and Loss insurance coverage

Samsung Care+ is a wide-ranging mobile care plan. It includes coverage for accidental damage, such as drops, screen damage, or liquid spills. It does not currently cover any loss resulting from theft or burglary of the device. However, according to information provided by XDA Developers, Samsung is launching Theft and Loss coverage at an additional cost.

Samsung Shop app's APK file teardown suggests that the company is going to implement the option to add Theft and Loss subscription to Samsung Care+ in the future. The subscription will be billed monthly for 36 months (or until canceled). Samsung Care+ currently costs $3.99, $8.99, or $11.99 per month, depending on the device. However, there is no precise information on the price of the service plan with the Theft and Loss subscription yet.

Here's the information from the Samsung Shop APK:

Samsung Care+ and Samsung Care+ with Theft and Loss Subscription: I understand that I will be billed on a recurring basis for 36 months or until canceled. The monthly charge will be a standard purchase with payment due in full every month and is not eligible for special financing.

Samsung Care+ with Theft and Loss Subscription: Insurance coverage for loss, theft, and damage. Service contract coverage for accidental damage from handling (ADH) and out of warranty mechanical breakdowns. $99 – $269 insurance deductibles and $29 – $99 service fees apply. Maximum of three (3) insurance claims within any consecutive 12-month period, with replacement product value maximum of $2,500 per claim. Maximum of three (3) ADH claims within any consecutive 12-month period. Claims may be fulfilled with a new or refurbished product. You may cancel your optional coverage at any time and receive a prorated refund. Program coverage contains binding arbitration (express state exemptions may apply; please see your program terms and conditions).

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